Ripple 4 Hour Price Update
Updated August 08, 2020 01:36 AM GMT (09:36 PM EST)
Ripple entered the current 4 hour candle at $0.2966, up 2.28% ($0.0066) from the last 4 hour candle. Ripple outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle. Congrats to its holders!
Ripple Daily Price Recap
0.2947 (USD) was the opening price of the day for Ripple, resulting in the previous day being one in which price moved down 2.84% ($0.0086) from the previous day. The price move occurred on stronger volume; specifically, yesterday’s volume was up 18.62% from the day prior, and up 3.18% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Ripple ranked 3rd since the previous day in terms of percentage price change. Here is a daily price chart of Ripple.
Ripple Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Ripple’s price has gone up 18 of the previous 30 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Ripple:
- From TheCryptHawk:
#XRP – When I called 3 months before the top in 2017-18 people called me crazy and data was already right! When I called sub $0.15 when we broke the genesis fib they called me crazy! Now data shows $4.20 and they all want my data to be right! Chill it’s already in! #XRPCommunity
- From jay_bee369:
So i finally got my dad to buy some $XRP but he says when it moons he doesn’t want to keep his profits in crypto or even the bank… He wants it all in paper cash….. How do i explain to him how much of a bad idea this is?
- From Neloangelo314:
If you only have a little bit of money and you’re on the fence about either that or Xrp? Get Xrp. The increase in value in the 2017 bull run was 36k%. That was a vapor in the wind compared till now. This will be a leviathan. Compare the returns on each scenario. Its clear.
